Sentences with phrase «internal auditing procedures»

• Monitored internal auditing procedures for compliance.

SELECTED ACHIEVEMENTS • Streamlined 3 procedures pertaining to processing and payment of invoices, thereby reducing processing time by 30 % • Reconciled 150 discrepant entries within 12 hours, in time for the annual audit • Put in place internal controls to maintain financial records security • Introduced internal auditing procedures to substantiate financial transactions which resulted in accounting data integrity increase by 44 %

Solid understanding of internal auditing procedures, records inspection, banking regulations, staff management and report generation.

Not exact matches

His work in the financial industry includes drafting of contracts and documentation for offering of banking, financial, insurance and investments products, as well as auditing of internal organizational policies and procedures, partnership, distribution, and outsourcing agreements.

Reviews internal controls, policies and procedures, and determines the nature and extent of auditing

«Excellent analytical and problem - solving skills «Proficient in taxation and accounting systems «Extensive experience in external and internal auditing «Conversant with internal banking controls, analysis and budgeting «Excellent communication skills «Strong knowledge of banking policies and procedures

• Accurately processed payroll as well as monitored vacation / benefit accruals independently • Actively managed wage garnishments and processed termination checks • Accepted accountability for the overall teamwork and stood responsible for meeting the deadlines • Assisted HR department with compensation and benefits for payroll related tasks like processing benefits premiums, wage ceilings, long term disability claims, life insurance, group health insurance, fringe benefits, and overtime pay analysis • Assisted internal and external auditing procedures related to payroll by following company standards and policies • Monitored and reviewed complete payroll accounts for verification of accuracy and in case of any discrepancies made appropriate corrections and updates, at the end of every month • Communicated effectively with all staff responding to their requests and inquiries related to payroll information • Correctly made payroll related general ledger journal entries for each record • Created and dispersed payroll vouchers to the company employees every month on the pay day • Created benefit audits and reports for terminated / retired employees • Maintained perfect reconciliations of balance sheet accounts related to the payroll • Executed special research projects regarding payroll management and for detailed analysis of financial facets of payroll • Gave suggestions to the management for the policy and procedure updates and refreshers related to payroll management and its financial aspects • Organized and maintained outstanding payroll checks and lists in coordination with the HR department • Managed contacts and communicated regularly with all the internal and external stakeholders ensuring effective flow of information • Organized files, accounts, ledgers, records, employee books for payroll documents and other related purposes • Prepared SDLs — Salary Distribution Journals and other distribution journals every month for payroll accounts • Processed and prepared corporate payroll using Pay Expert Application, managing all paperwork for the wire transfers and generated return funds • Processed payroll changes for new hires and terminations ensuring accuracy and timeliness of the process • Proficiently used PRG (Millennium) payroll and TMx labor scheduling software applications for effective payroll management • Resolved all issues related to payroll tax payments and reported after every pay run making sure that all filings were accurately represented by the tax service provider • Reconciled tax payments for federal, state and local payroll as well as returns for multiple authorities on monthly basis.

• Verify the accuracy of invoices and checks and post relevant information in predefined accounting databases • Prepare and submit invoices and handle payments • Coordinate cash and check deposit activities • Sort and enter accounts payable and receivable data into company database • Prepare and produce accurate financial statements such as balance sheets • Maintain record of assets and liabilities and complete and deposit tax returns • Reconcile bank statements and manage cashbook management on a daily basis • Issue and maintain records of petty cash • Audit accounts to ensure accuracy and address any discrepancies found during auditing procedures • Process refund requests and reconcile monthly statements • Post details of business transactions including received and disbursed funds • Type vouchers, invoices, bank drafts, checks and reports • Post cash receipts and expenses in designated accounts software • Report accounting discrepancies to supervisors and assist in resolving them and any issues that customers may have with their accounts • Compile and maintain financial records of the company by recording and summarizing data • Keep record of business transactions, compute costs and verify bills • Create statistical records by combining data and performing computations • Prepare payrolls and transfer employees» salaries to their accounts on a monthly or bi monthly basis • Manage day to day internal controls and arrange for purchase orders to be prepared

• Expertise in reviewing a high volume of accounting data on a daily basis with the aim of constant reconciliation • Strong knowledge of handling timely assessments of accounting procedures and handing internal auditing processes • Documented success in identifying missing accounting information and discrepancies and ensuring that they are managed before they get a chance to impact business • Accurate understanding of the various manners in which data points impact financial statements

Tags for this Online Resume: Financial Statements, Cash Management, Business Plans, Budgets, Forecasting, Taxation, Internal Control, Consulting, Negotiations, Payroll Preparation, Supervision of Employees, Strategic Skills and Vision, Communication, Auditing, Job Costing, Inventory Control, Breakeven Analysis, Corporate Documentation, Time Management, Research and Development, Patent Management, Patent Accounting, Organizational Skills, Consolidations, Policies and Procedures, Lease Management and Accounting, Grant Management and Accounting, Venture and Debt Capitalization, Financial Planning, Independent, Ethical, Revenue Models, Presentations, Integrity, Writing Skills, Team Building, People Skills, Management Skills, Departmental Coordination, GAAP, GAAS, FIFO and LIFO, Goodwill, Revenue Recognition, Cost of Goods Sold, Bad Debt Management, Cash and Accrual Accounting, Accounts Receivable Management, Accounts Payable Management, Fixed Asset Accounting, Depreciation, Union Negotiations, Contract Administration, Gross Margin Analysis, Inventory Valuation Methods, Portfolio Management, Trust Accounting, Projections, Chart of Accounts, General Ledger, Journals, Credit Terms, Matching Principle, Trial Balance, Executive Summaries, Title IV Funding, Multi-State Taxation, IRS Negotiations, Tax Litigation, Teaching, Curriculum Development, Tax Planning, Tax Compliance, Automated Conversions, Performance Evaluations, Problem Solving, Automated Billing, Manual Billing, Application Approvals, Vendor Contacts, Purchase Orders, Invoice Verification, Benefits Implementation, Insurance Management, Loan Negotiations, Banking Contacts, Payroll Tax Returns, Federal Tax Returns, State and Local Tax Returns, QuickBooks, Microsoft Excel, Microsoft Office, Peachtree Accounting, TurboTax, Accounting

Root Cause Analysis • Program Development • QA Recommendations • Internal Controls • Grant Reviews Project Management • QA Auditing • Regulatory Compliance • Communications • Processes / Procedures Staff Training / Development • Team Leadership • Healthcare Regulations • Quality Analysis Tools

Assisted in establishing the Internal Auditing process and procedures for the Regulatory Compliance Unit.

Our regulatory and compliance services include analyzing federal and state requirements and restrictions (e.g., licensing / approvals, housing counseling, marketing, underwriting, disclosures, fee permissibility, cross-selling, UDAP / UDAAP, servicing, claims filing, and GNMA HMBS program), and developing and implementing reverse mortgage products strategies, including policies, procedures and internal controls for reverse mortgage lenders and servicers (including quality control plan drafting and revision), third - party risk management, and auditing of day - to - day operations.